The European Debt Crisis Continues its Uncertainty
Proven FX Management Strategies to help Ride the European Economy Rollercoaster
(firmenpresse) - MIAMI, FLORIDA -- (Marketwire) -- 09/13/12 -- Each day with the world's eyes on Europe's stock markets and global ears on the announcements following the European Central Bank (ECB) meetings, there are tell-tale signs of disappointing economic data. The reality of a perpetual gloom lingering over the Eurozone, and world markets bracing daily for news of a downturn on global foreign exchange markets, emphasizes the need to shift the attention to how financial businesses at a regional level can be proactive about protecting their forex investment portfolios.
Focusing on current events, it's no secret that European stocks are sliding into the red on a daily basis. This downward volatility combined with edge of the seat attention on the insecurity of the ECB's plans, and reports of weak US manufacturing data are overshadowing the bigger picture. According to the Federal Reserve's Beige Book report South Florida's economy is looking at a "modest" recovery on the whole. How can businesses in the Sunshine state get out of the wait-and-see mode, and not only, continue to monitor, but also be proactive about riding the economic road to recovery?
"Not only is it important for us to monitor what's going on with the 'state of the union,' when it comes to foreign exchange, but we need to start focusing on short term solutions that will make a lasting impact on helping businesses weather the storm," says Cheryl Girling, National Account Manager, at Cambridge Mercantile Group. "From the start, financial professionals should be equipped with tools and solutions that are sustainable and create a safety mechanism to protect their forex investments. In discussions with our clients, financial professionals are telling us every day that they're getting caught up monitoring the Eurozone debt crisis, but aren't able to strategize on how exactly to hedge their risks for making positive returns. We want to bridge this gap."
Complimentary Seminar on Taking the Reins During Today's Volatile Economy
Cambridge Mercantile Group, a leader in global payment services, will offer "Europe's Economic Uncertainty - Ride the rollercoaster with proven FX strategies", on 5pm September 20 at the Intercontinental in Doral, Florida. The complimentary seminar will discuss current market conditions and highlights on key hedging and risk management strategies. The focus will be on equipping financial professionals who are responsible for managing their foreign exchange portfolio, with the necessary tools and solutions to protect against foreign exchange risk.
About Cambridge Mercantile Group
Since its inception in 1992, Cambridge Mercantile has been earning the trust and respect of leading companies around the world by providing efficient and customizable global payment services that are second to none. Recently, Cambridge's traditional business model has been complimented with an extensive suite of hedging and risk management products, powered by payments technologies widely regarded as industry leading. With offices strategically located across the globe, Cambridge facilitates the secure and prompt movement of over $20 billion dollars annually for thousands of clients of all sizes and niches. For more information, visit .
Contacts:
Danielle Crowe
Cambridge Mercantile Group
416.646.6401 (ext. 2248)
Nicole Freeston
Magnolia Communications
604.682.0115
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Unternehmensinformation / Kurzprofil:
Datum: 13.09.2012 - 19:00 Uhr
Sprache: Deutsch
News-ID 183308
Anzahl Zeichen: 5992
contact information:
Town:
MIAMI, FLORIDA
Kategorie:
Commercial & Investment Banking
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